Norway recorded a Government Budget surplus equal to 6.40 percent of the country's Gross Domestic Product in 2019. source: Statistics Norway
Government Budget in Norway averaged 9.86 percent of GDP from 1995 until 2019, reaching an all time high of 18.60 percent of GDP in 2008 and a record low of 3.10 percent of GDP in 1995. This page provides - Norway Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Government Budget - values, historical data and charts - was last updated on December of 2020.
Government Budget in Norway is expected to reach 1.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Government Budget is projected to trend around 2.50 percent of GDP in 2021 and 4.50 percent of GDP in 2022, according to our econometric models.